2017 Nestlé Benefits

C H O OS E H E ALTH , S EC U R IT Y, BAL AN C E .

2017 Nestl? Benefits

For Salaried Employees

When you choose a career at Nestl?, you gain access to a variety of valuable benefits to help you achieve health, security and balance @home and @work.

READ ON TO SEE WHAT WE MEAN.

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Health Today

Be Well with Medical Coverage

We offer three medical plan choices. In some locations, an HMO may be offered, too. Here's how the three plans compare:

Nestl? offers a number of ways for you and your

eligible family members to be well and enjoy good

health today.

HealthSAVER

ExclusiveCARE

ChoiceCARE

In Network and Out of Area

Out of Network

Nestl? HSA Contribution

Employee Only/Family*

$500/$1,000 (prorated based on first full month of medical coverage)

Annual Deductible

In Network N/A

In Network and Out of

Out of Network

N/A

N/A

Employee Only/Family* $1,500/$3,000 $3,000/$6,000

$750/$2,250

$900/$2,700

$1,800/$5,400

Out-of-Pocket Maximum

Employee Only/Family* $4,500/$9,000 $9,000/$18,000

Cost for Care

Preventive Care

Primary Care Specialist Office Visits Hospital (Inpatient) True-Emergency Emergency Room Urgent Care

0%, no deductible

20% after deductible

20% after deductible

20% after deductible

20% after deductible

20% after deductible

First $500 in benefits: 0%, no deductible

After $500 in benefits: 40% after deductible 40% after deductible

40% after deductible

40% after deductible

20% after deductible

40% after deductible

$3,050/$3,050 per person up to $6,100

0%, no deductible

$35 copay

$70 copay

20% after $325 copay 20% after $200 copay 20% after $70 copay

$4,350/$4,350 per person up to $8,700

$8,700/$8,700 per person

up to $17,400

0%, no deductible

First $500 in benefits: 0%, no deductible

After $500 in benefits: 45% after deductible

$35 copay 45% after deductible

$70 copay

25% after $325 copay

25% after $200 copay

25% after deductible

45% after deductible

45% after $325 copay 25% after $200 copay

45% after deductible

*Family coverage includes spouse/domestic partner or one or more dependents with the HealthSAVER, ExclusiveCARE and ChoiceCARE plans.

All three medical plans include: ? Alternative medicine coverage (acupuncture, chiropractic care, nutrition therapy, etc.) ? Healthy living benefits through Nestl? (online health questionnaire, condition management programs, health screenings and more) ? Preventive care (covered at 100% in network) ? Prescription drug coverage (retail and mail order)

GOOD TO KNOW

Because medical costs tend to be lower for people who take steps to be healthier, you pay less for coverage when you choose to live tobacco free.

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Take Care with Prescription

Get a Tax Break with Flexible

Drug, Dental and Vision Coverage Spending Accounts (FSAs)

Prescription Drugs

All the medical plans come with prescription drug coverage.

Prescription Drugs

Employee Only/Family Deductible

Preventive Prescription Drugs

Generic Prescription Drugs

Formulary/Brand Prescription Drugs

Non-Formulary Prescription Drugs

Employee Only/ Family Out-of-Pocket Maximum

HealthSAVER

Part of medical deductible $0 (if eligible)

20% after deductible 20% after deductible

20% after deductible Part of medical out-of-pocket

maximum

ExclusiveCARE

ChoiceCARE

$50 / $150 (waived for generics) $50 / $150 (waived for generics)

Follows plan design for other prescription drugs

$15 ($40 mail order)

25% ($25 min retail; $65 min mail order)

40% ($40 min retail, $95 min mail order

Follows plan design for other prescription drugs

$15 ($40 mail order)

25% ($25 min retail; $65 min mail order)

40% ($40 min retail, $95 min mail order)

$11,500 / $1,500 per person, up to $4,500

$11,500 / $1,500 per person, up to $4,500

Dental

Nestl? offers dental coverage for preventive, basic and major care, as well as orthodontia.

MetLife PPO

In Network or Out of Network

Plan Type

Similar to a medical PPO

Annual Deductible for Basic or Major Care

$50 (employee) / $100 (employee + dependents)

Lifetime Deductible for Orthodontia Care

$100 per person

Dentist Choice

You can use in-network dentists (and pay less) or any dentist you choose

Focu s ExamplesofWhatYouPay

Most the Plan Pays in Benefits Each Year

Vision

Preventive care: 0% in network (no deductible)

Basic and major care: 20% to 40% after the deductible, depending on the service and whether you use an in-network or out-of-network dentist

Orthodontia: 50% after separate orthodontia deductible (up to a maximum lifetime benefit of $2,000 per person)

$2,000 per person

Nestl? offers two vision plan choices: VSP and EyeMed. The plans use different network providers,

but the benefits are the same. Both plans cover routine eye exams and contacts or glasses. They

also offer a one-time $500 laser vision correction benefit for Nestl? employees.

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FSAs

Reduce your taxes while you pay your health and child care expenses. Nestl? offers three types of FSAs: a Health Care FSA, a Limited Purpose FSA (if you participate in the HealthSAVER Plan) and a Dependent Daycare FSA.

Set aside tax-free money from your paycheck and use it to reimburse yourself for eligible health care and/or dependent daycare expenses.

15% TAX BREAK

You can save at least that much

in taxes with an FSA. Depending

on your tax situation, your savings

could be even higher!

Save

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Life and Disability Coverage

Have Peace of Mind with Life Insurance

Life insurance protects your income if something happens to you. Nestl? offers basic coverage of 1.5 times your base salary for full-time employees at no cost to you. If you are part-time, you receive $20,000 in coverage.

You can buy additional coverage for yourself, as well as coverage for your family. You pay less for your own coverage if you are tobacco free.

Nestl? offers life and disability

benefits to protect your financial health and give you peace of mind.

Prepare for the Unexpected with AD&D Insurance

Accidental death and dismemberment (AD&D) insurance pays a benefit if you're seriously injured in an accident. With Nestl?, you can buy up to $500,000 of coverage for yourself. You can also choose coverage for your family.

Protect Your Financial Health with Disability Coverage

Disability benefits replace part of your pay if you're unable to work because of a non-work-related illness or injury. There are two types of coverage:

SHORT-TERM DISABILITY

? Pays a benefit if you can't work for up to 180 days

? Nestl? pays the full cost in most states

LONG-TERM DISABILITY

? Pays a benefit if you can't work for more than 180 days ? You pay for this optional coverage

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Save with the Nestl? 401(k) Savings Plan

You're eligible for the Nestl? 401(k) Savings Plan as soon as you're hired. The Nestl? Savings Plan offers automatic enrollment, which means you will be automatically enrolled at a contribution rate of 6% of your eligible pay, unless you select a different rate or decline participation. You can save up to 25% of your eligible pay (certain limitations may apply), and Nestl? will match what you put in as follows:

? 100% match on the first 3% you contribute of your eligible pay ? 50% match on the next 2% you contribute of your eligible pay In addition to employer matching contributions, Nestl? provides an annual retirement contribution to help you save for retirement. The amount of the retirement contribution is calculated using a formula that takes into account your age, years of service and eligible pay. The employer contributions are yours to keep after you work at Nestl? for three years or when you reach age 65, whichever comes first. You choose how to invest the money in your Nestl? Savings Plan account from a diverse selection of investment options. Additionally, you have access to professional investment advice and financial planning support from Voya Retirement Advisors, LLC, powered by Financial Engines. This valuable program will help you evaluate your current savings, create a customized investment strategy and then help you build a personalized retirement plan for your future.

Nestl? provides ongoing financial and retirement planning

educational programs through seminars, presented by Financial Finesse, held at individual work locations and also via virtual webcasts. Additionally, a variety of online tools, such as myOrangeMoney, are available to help successfully guide you on the path to financial and retirement planning.

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Balance Anytime

Balance Anytime

Take Time Off

Nestl? offers Paid Time Off (PTO) that you can use for whatever you need -- vacation, illness (yours or a family member's), medical necessity or personal time.

Time You've Worked at Nestl? Less than 1 Year 1?4 years 5?9 years 10?14 years 15?19 years 20 years or more

Annual PTO Days Earned 12 15 20 23 25 30

Maximum PTO You Can Bank 17 20 25 28 30 35

NOTE: Management employees with less than 20 years of service earn an additional five days of PTO each year and can bank an additional five days of PTO.

In addition to your PTO, you typically have at least 10 paid holidays and two floating holidays each year. Individual holidays may vary by location based on production needs. The number of floating holidays varies in the first year of employment based on date of hire.

Care for Your Family

Nestl? helps you care for your family with: ? Parental Leave -- One paid week off within six months of having a baby, adopting a child or becoming a foster parent for non-primary caregivers. ? Adoption Assistance -- Reimbursement for adoption costs, up to $5,000 per adoption ($6,000 for a special needs adoption). ? Infant Formula Program -- Up to 28 coupons for Gerber GOOD START? formula products. Each coupon can be redeemed for up to $15 worth of formula. ? Scholarship Program -- Undergraduate tuition assistance for your child. (Your child can apply once you have three years of service. Scholarship availability and benefits may vary.)

Go Back to School

Need to enhance your job-related knowledge and skills? You may be eligible to receive financial assistance from Nestl? after one year of employment. This includes reimbursement for eligible education expenses, such as tuition, books and other required fees.

Find Cool Employee Discounts

Just for being a Nestl? employee, you can access our online service to save money on theater and entertainment tickets, travel and lodging, electronics, gifts, financial services, local services and more!

Explore Voluntary Benefits

You can choose among a variety of voluntary benefits -- such as auto/home insurance, prepaid legal and pet insurance -- and have any costs deducted from your paycheck.

Ease Your Mind

Through our Employee Assistance Program (EAP) and WorkLife Services, you and your family have automatic access, at no additional cost, to confidential counseling, educational materials and referral services.

You'll find a variety of services that can help you with life's challenges, including:

? Short-term counseling (up to five visits per life challenge per year)

? Financial services ? Legal assistance

? Child/parenting support ? Adult/elder care support ? Life learning

Parent Support Policy

Nestl? is committed to providing a supportive environment for new parents and recognizes that

Comprehen siv e both new moms and dads share the responsibilities of caring for a baby. We're also committed to health and wellness, and want to make sure new parents and newborns get off to the best start. That's why we offer the Parent Support Policy to support you along the way. We provide up to 26 weeks of leave for an employee who is designated as the Primary Caregiver of a newborn child under 6 months of age.

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This is a summary of benefits for prospective full-time Nestl? employees. It does not provide complete details, nor is receiving it a guarantee of employment. The benefits we offer are subject to the terms of each respective Plan Document, Insurance Policy or Company Policy. More detailed benefit information will be provided at the time of employment. Some benefits may differ among employee groups. Check with local management for coverage details. These benefits are effective January 1, 2017, but are subject to change at the beginning of the following calendar year.

January 2017. Unless otherwise noted, all trademarks are owned by Soci?t? des Produits Nestl? S.A., Vevey, Switzerland, 37428.

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